Tesla blows through $8,000 every minute amid Model 3 woesNov. 22
Over the past 12 months, electric-car maker Tesla has been burning money at a clip of about $8,000 a minute (or $480,000 an hour), Bloomberg data show.
Ford may exit some S. American markets, analyst saysNov. 21
Ford is on the verge of taking dramatic action to turn around its money-losing business in South America, including possibly exiting some markets, an analyst said after meeting with two company executives.
AutoNation's Jackson: 'I feel like the Cheshire cat'Nov. 20
Where do vanishing new-vehicle profits, a slumping market and an uncertain retail future leave AutoNation? CEO Mike Jackson says he's been preparing for years and likes the company's odds.
VW raises 2020 sales outlook on emerging-market growth, crossoversNov. 20
VW has increased its group sales guidance for 2020 on growing demand for its new crossovers in emerging markets such as Brazil and Russia and now expects revenue to exceed last year's $255.69 billion by more than a quarter by 2020.
VW shakes up German production as it bids to become EV leaderNov. 20
VW Group is reorganizing production at its German factories to further its goal of transforming itself into a leading force in EVs.
Subaru sees $177 million in costs linked to Japan inspection scandalNov. 16
Subaru said it was recalling 395,000 vehicles in Japan and that it expected to incur about $177 million in costs related to improper final inspection procedures at domestic plants.
Nissan softens its targets through '22Nov. 13
Nissan CEO Hiroto Saikawa is steering away from the aggressive numerical goals of his predecessor, Carlos Ghosn, and toward more fuzzy ones. In the key U.S. market, the softening of hard targets could spell some relief for dealers.
Toyota’s profits rise despite a softer U.S.Nov. 13
Toyota sounded the alarm about deteriorating conditions in the U.S. even as it logged increased quarterly profits and lifted its full-year earnings outlook.
Sliding wholesale hurts at SubaruNov. 13
Subaru is on pace for a ninth-straight year of record retail sales in the U.S., but sliding wholesale volume is denting the Japanese company's profitability.
Continental sees strong profits ahead as EV push boosts ordersNov. 9
Continental expects "strong" profit and sales in the fourth quarter as carmakers' accelerating embrace of electric and self-driving technologies boost orders at the company's core automotive business.
Magna Q3 earnings flat on challenges at European plantsNov. 9
Canadian auto parts maker Magna said third-quarter profits were flat despite rising revenue as the company was hampered by challenges at two newly acquired European plants.
Subaru operating profit falls 13% on Takata, higher spiffsNov. 6
Subaru profits tumbled in the latest quarter on lower wholesale shipments, rising U.S. incentives and a one-time charge related to the bankruptcy of airbag maker Takata.